The SEC sued Coinbase and Binance for operating an unregistered securities exchange. While the users and the entrepreneurs in the USA are getting increasingly confused, things seem to be quite clear in the EU, thanks to MiCA.
Last week, the EU Parliament passed MICA, which will come into effect in 2024. MICA is the most comprehensive crypto legal framework in the World. So what does that mean for crypto businesses?
As much as the fungible tokens opened a completely new space, non-fungible tokens will have, in my opinion, an even stronger impact on the industry.
> After it comes in force, providers of exchange services between virtual and fiat currencies, and custodian wallet providers will have to comply with the AML directive. I should firstly emphasize that only political consensus regarding the amendment has been reached and that the Council and the Parliament still need to
> This phenomenon is not to be simplified to yes or no answer. I firstly wish to reject the use of a term “initial coin offering” or “ICO” in this article and I propose that it should be rejected in general when it comes to discussing token offerings. The term ICO